Relevant and even prescient commentary on news, politics and the economy.

Most* Americans want to soak the rich

Robert Waldmann Polling results are absolutely clear. Now and for the decades a clear majority of US residents support taking from the rich and … well it doesn’t much matter what. Republicans often argue that this or that would be “class warfare” leading to the guess that they might have some reason to believe that […]

Health Care Reform Hard Ball

Robert Waldmann is a bit irritated with [many] US senior citizens. They want to keep the hands of the government off their medicare.* I don’t want to think what would happen if the government meddled with their social security pensions. Most US senior citizens are acting as egoistical hypocrites. I would like to offer them […]

Fiscally Conservative Districts ?

Robert Waldmann Via Ezra Klein I read Collender thinks this is wrong for two reasons. First, the Democrats with the most difficult reelection battles are the freshmen elected in Republican-leaning, fiscally conservative districts. They’ll need something to show for their time in Washington, and along with the Blue Dogs, they may well be able to […]

The Maine Chance

Robert Waldmann This seems important to me. Small business representatives told [Senator] Snowe [R-Miane] that they were opposed to any mandates that came without a public option and that such an alternative was desperately needed for small business, which can’t afford the rising cost of health insurance for their employees. In less good news, Snowe […]

Excellent Article in the Washington Post

Robert Waldmann This is an extraordinarily good article by Washington Post standards.OK I’m biased. The topic is how great my dad Thomas Waldmann MD is, but it is really a good article. In particular, when explaining what is so extraordinary about my dad it addresses an important issue of general interest. “Carrying out clinical studies […]

Public Option, Cooperatives or a Cooperative

Robert Waldmann can’t resist writing about health care reform. The actual debate seems very focused on the public option — will the minority of Americans who have access to the new insurance exchanges have the opportunity to buy health insurance from the US government. Notably this is the aspect of reform opposed by the health […]

Kevin Drum Huh ?

Robert Waldmann knows that either Robert Waldmann or Kevin Drum is very confused. Help me out here. update: Drum is right and I’m wrong. Thanks guest in comments. I should have checked before posting. Drum wrote But even if this works, no one thinks that such a bill can get 60 votes in the Senate. […]

Can the U.S. Government do anything right ?

Robert Waldmann I hate to type that headline given the health care reform debate, but I am alarmed by Karen DeYoung’s article in the Washington Post about new efforts to get Afghans to stop producing opium — all new this time with carrots. The problem is that the price of wheat is too low. The […]

Very Excellent Post on Health Insurance Recisions

Robert Waldmann Taunter explains the link between Monte Hall and Health Insurance. Brilliant. Via Paul Krugman via Yves Smith so I’m sure you’ve read it already but if not click now click often. James Kwak at Baseline described the practice as rare, affecting only 0.5% of the population. The faint light bulb above my head […]

Michelle Malkin and Larry Katz

Robert Waldmann is very very late with this one. Appears that long long ago (in blogtime) Michelle Malkin said that Larry Katz once wrote that unemployment insurance causes unemployment. I know Larry Katz, Larry Katz was my PhD co-supervisor, Larry Katz is a friend of mine and Ms Malkin, you’re no Larry Katz. Malkin was […]